In economics, cargo or freight are goods or produce being conveyed â generally for commercial gain â by ship, boat, or aircraft, although the term is now often extended to cover all types of freight, including that carried by train, van, truck, or intermodal container.
What are 'Consumables'. Consumables are goods used by individuals and businesses that must be replaced regularly because they wear out or are used up. They can also be defined as the components of an end product used up or permanently altered in the process of manufacturing, such as semiconductor wafers and basic chemicals.
This lesson discusses non-durable goods. Non-durable, or consumable goods, are defined and examples are given. The challenges for businesses selling non-durable goods are also explained. Non-durable goods are products consumers purchase with the plan to use for a short period of time. Also referred to as consumable goods, most non-durable goods are expected to be consumed or used in three years or less. Because of this basic characteristic, non-durable goods can be a wide variety of products.